29.11.13

Comments of Axel Springer Russia regarding the article in “gazeta.ru”

In view of the repeating articles about selling the rights for Forbes magazine Axel Springer Russia declares officially:

1. The editors of gazeta.ru did not contact us prior to publication

2. If they had contacted us beforehand they would have experienced the following facts: Axel Springer Russia publishes Forbes magazine in Russia since 2004 and based on a long-term agreement. Current contract relations with Forbes Media LLC allows Axel Springer Russia to publish Forbes until 2020 with automatic prolongation condition. Both sides are not planning to insert amendments in the current contract.

3. The article “Yanukevich metit v Forbes”, published 29.11.2013 in gazeta.ru, doesn’t represent facts. Axel Springer Russia is not conducting sales talks. Currently the Publishing house is going to expand the scope of the activities, as for example the launch of the new web portal finanz.ru last week.


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